Drillisch AG / Key word(s): Preliminary Results/Dividend
07.02.2011 07:40
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Drillisch AG: The prelim. EBITDA (adj.) increased by 13.2 % to 49.3m EUR
(2009: 43.5m EUR) reaching a new record; Sales improved by 5.2% to 362.5m
EUR (2009: 344.5m EUR)
Maintal, 07 February 2011 - The mobile-communications service provider
Drillisch AG (ISIN DE 0005545503) improved its results of the operating
business for the ninth consecutive year. With 2.431 million subscribers
(2009: 2.250 million) Drillisch reached sales of 362.5 million Euro, an
increase of 5.2 % compared with the 344.5 million Euro reached in FY-2009.
EBITDA reached a record again and surpassing the increased guidance:
In 2010, the EBITDA (adjusted) rose by about 5.8 million Euro or 13.2 % to
49.3 million Euro (2009: 43.5 million Euro) and improved significantly not
only the result of 2009 but the increased guidance of 48 million Euro (old:
46 million Euro) as well. The EBITDA margin improved by one percentage
point to 13.6 % (2009: 12.6 %).
Gross Profit rose by 7.5 million Euro or 9.3 % to 88.4 million Euro (2009:
80.9 million Euro). Gross Profit margin improved by 0.9 percentage point to
24.4 % (2009: 23.5 %).
Net financial liabilities reduced clearly:
Net financial liabilities were reduced by 29.3 million Euro (2009: 52.6
million Euro)
Subscriber Growth:
All over 2010, the positive subscriber development was continuing. Whilst
postpaid subscribers increased by 21.3 % or 209,000 subscribers there was
only a marginal decline of 2.2 % or 20,000 subscribers in the prepaid
sector. Overall, this is an increase of 8 % to 2.431 million subscribers.
The ratio of prepaid to postpaid subscribers improved to 51 % to 49% in
comparison with 56 % to 44 % in the previous year.
Clear improvement in sales on a quarterly basis:
Sales of Q4-2010 rose by 8.9 % or 8.3 million Euro to 100.7 million Euro
(Q4-2009: 92.4 million Euro). Compared with the third quarter of 2010,
sales increased from 84.8 million Euro by 15.9 million Euro or 18.7 %.
All figures are based on preliminary calculations prior to the final
consolidation and completion of audit. Upon approval of the final annual
financial statements by the Supervisory Board, a press and analyst
conference will be held in 25 March 2011 during which the annual financial
statements will be presented in more detail.
Outlook 2011:
The management board is expecting a positive development in the number of
subscribers and an EBITDA of 52 million Euro.
Dividend for FY-2010:
Because of the positive earnings development from operations, the
management board is intending to propose a dividend of 0.50 Euro per share
for fiscal 2010 to the supervisory board. Therewith, dividend is increasing
by 70 % compared with previous year. Dividend from our holding in freenet
is not yet included in this proposal.
Preliminary unaudited consolidated figures pursuant to IFRS
|[![CDATA[|[pre|]]]|]
in million Euro prelim. results 2009 Change in %
2010
Sales 362.5 344.5 +5.2 %
Gross Profit 88.4 80.9 +9.3 %
EBITDA (adjusted) 49.3 43.5 +13.2 %
EBITDA 46.1 50.7 -8.9 %
Net financial 29.3 52.6 -44.2 %
liabilities
Subscribers as per 31/12 2.431 million 2.250 million +8.0 %
|[![CDATA[|[/pre|]]]|]
These figures are preliminary and unaudited. The Annual Report 2010 will be
published on 25 March 2011 under the following link
http://www.drillisch.de/index.php?page=berichte&group=investor:berichte
Maintal, 07. February 2011
Drillisch AG
Executive Board
Contact:
Oliver Keil
Head of Investor Relations
Mail: ir@drillisch.de
07.02.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Drillisch AG
Wilhelm-Röntgen-StraÃe 1-5
63477 Maintal
Deutschland
Phone: +49 (0)6181 412 200
Fax: +49 (0)6181 412 183
E-mail: ir@drillisch.de
Internet: www.drillisch.de
ISIN: DE0005545503
WKN: 554550
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: Drillisch AG: Preliminary results beats guidance. Outlook 2011 - EBITDA guidance of 52 million Euro - Significant dividend increase for agm on May 27
| Source: EQS Group AG